BNET Industries
Market Cap:$225.0M
Last Fiscal Year Sales:$647.5M
- Public
- US
Dow Jones Description
Shoe Carnival, Inc. is one of the nations largest family footwear retailers. As of August 1, 2009, we operated 314 stores in 29 states primarily in the Midwest, South and Southeast regions of the United States. We offer a distinctive shopping experience, a broad merchandise assortment and value to our customers while maintaining an efficient store level cost structure. Our stores combine competitive pricing with a highly promotional, in-store marketing effort that encourages customer participation and creates a fun and exciting shopping experience. We believe this highly promotional atmosphere results in various competitive advantages, including increased multiple unit sales; the building of a loyal, repeat customer base; the creation of word-of-mouth advertising; and enhanced sell through of in-season goods. Our objective is to be the destination store-of-choice for a wide range of consumers seeking moderately priced, current season name brand and private label footwear. Our product assortment includes dress and casual shoes, sandals, boots and a wide assortment of athletic shoes for the entire family. We believe that by offering a wide selection of both athletic and non-athletic footwear, we are able to reduce our exposure to shifts in fashion preferences between those categories.
President and Chief Executive Officer, Shoe Carnival, Inc.
Mark LemondNumber of Employees 1,800
Contact Information
7500 E Columbia St
Evansville, Indiana 47715-9127
(812) 867-6471
Peer Companies
NAICS Code Shoe Stores: 448210
Recent Events
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Susquehanna Reiterates a 'Positive'on Shoe Carnival SCVL; Compelling Opportunity At Current Level
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Shoe Carnival Reports Third Quarter 2009 Results; Net Income Increases 188 Percent
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Shoe Carnival Announces Humanitarian Effort with Soles4Souls, the Shoe Charity --Popular Footwear Retailer Reaches Out...
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Shoe Carnival rises on upgrade, earnings
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Shoe Carnival Post Slight Drop in Q1 Profit
News & Analysis
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shoe carnival inc. - All News and Analysis
Shoe Carnival Inc.Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator InstructionsYour first question comes from Sam Poser - Sterne, Agee. Sam Poser - Sterne, Agee A question on the SG&A, how much of the SG&A is fixed versus variable in fixed costs, Kerry? Kerry Jackson Sam, that’s a difficult question. We can adjust, if we...
Shoe Carnival Inc.Q2 2009 Earnings Call Transcript
Shoe Carnival Inc. SCVL Q2 2009 Earnings Call August 27, 2009; 2:00 pm ET
Paired Trades: Sell Collective Brands, Buy Shoe Carnival
Alan Brochstein, CFA submits: This is the 6th in a series of articles that attempt to identify relative value discrepancies between two closely related securities. So far, the first five (but not the most recent one - ouch!) have been modestly successful in aggregate, though it's a little...
Shoe Carnival, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Jeffrey Stein – Soleil Securities. Jeffrey Stein – Soleil Securities Kerry, I joined the call a little bit late and I want to make sure I have something straight here. SG&A, you said there were $2.4...
Distinguishing Between Out of Favor Sectors and Doomed Ones
David Merkel submits: It’s a tough market out there. You can’t eat relative performance, and I am off a percent or two year-to-date. I have made a number of moves in the portfolio recently: Rebalancing sale of Jones Apparel JNYRebalancing sale of Shoe Carnival SCVLRebalancing sale of Lincoln National...
A Perfect Storm: Retail Is a Buy
Alan Brochstein, CFA submits: As I type from my home in Houston, not too far from where Hurricane Gustav made land-fall yesterday, I thank God that the storm didn't prove to be as bad as feared. Certainly, given the proximity to the devastation of Hurricane Katrina three years ago,...
Shoe Carnival Has More Kick In It
Alan Brochstein, CFA submits: I wrote about my initial purchase in Shoe Carnival SCVL (16.40, $207mm market cap) nine months ago, warning that it could drop into year-end, which it did. Since then, though, the stock has rallied sharply (+18%), easily besting the market (by about 35%): by...
Shoe Carnival, Inc. F2Q08 (Qtr End 08/02/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Christopher Svezia - Susquehanna Financial Group. Christopher Svezia - Susquehanna Financial Group First of all Mark if you could just quantify maybe what the impact was from the tax rebates during the quarter? You mentioned it did benefit...
International Exposure: Time To Do a 180?
Alan Brochstein, CFA submits: Uh oh. Now the rest of the world is sliding into our abyss... It was patently obvious to me very early Friday as one of my clients called me frantically about the soaring dollar and every stock I watch with low international exposure...
Shoe Carnival, Inc. F1Q08 (Qtr End 05/03/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Your first question comes from Jill Caruthers – Johnson Rice. Jill Caruthers – Johnson Rice Wondering if you could talk about, you mentioned there was some significant changes in the non-athletic women’s merchant team. Maybe if you could talk about some...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mark Lemond | President and Chief Executive Officer, Shoe Carnival, Inc. |
| Kent A. Kleeberger | Executive Vice President, Chief Financial Officer and Treasurer, Chico's Fas, Inc. |
| Kerry W. Jackson | CFO, Treasurer & Executive Vice President |
| Mark Kaminski | Cfo |
| Terry L. Clements | CIO, Info Services & Senior Vice President |
| W. Kerry Jackson | Executive Vice President, Cfo |
| Timothy Baker | Executive Vice President, Store Operations |
| David Kapp | Senior Vice President, Planning, Allocation and Secretary |
| Mitchell Chandler | Senior Vice President |
| Steve Meyer | Senior Vice President, Store Operations |
| Todd A. Beurman | Senior Vice President, Marketing |
| Bruce Boehmer | Vice President, Loss Prevention |
| David Groff | Vice President, Admin & Business Dev |
| Kathy Yearwood | Vice President |
| Kirk Light | Vice President, Store Planning & Real Estate |
| Lisa A. Rosenbaum | Vice President & Divisional Mdse Manager-Women's Non-Athletics & Accessories |
| Michael C. Smith | Vice President, Real Estate |
| Myrna G. Reiss | Vice President, Marketing |
| Myrna J. Reiss | Vice President, Marketing |
| Sean M. Georges | Vice President, Human Resources |
| Thomas Vernarsky | Vice President |
| Tom Welden | Vice President, Distr |
| Tucker Robinson | Assistant Vice President, Buyer Men's Athletics |
| W. Dwight Burton | Vice President, Distr |
| Brad Gubser | Director, Store Planning, Construction & Design |
| Eric Cannon | Director, Visual Mdsg & Promos |
| Keith Bierley | Director, Real Estate |
| Clifton Sifford | Executive Vice President, General Merchandise Manager |
| Greg Brown | Senior Vice President & Division Manager, North |
| Delores B Weaver | |
| Gerald W. Schoor | Merchant Banker |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| William E. Bindley | Chairman and Chief Executive Officer, Bindley Capital Partners, LLC |
| Wayne J Weaver | Chairman of the Board |
Mr. Lemond has been employed as President and Chief Executive Officer since September 1996. From March 1988 to September 1996, Mr. Lemond served as Executive Vice President, Chief Financial Officer, Treasurer and Assistant Secretary. On February 3, 1994, Mr. Lemond was promoted to the position of Chief Operating Officer. Mr. Lemond has served as a Director since March 1988. Prior to March 1988, he served in similar officer capacities with Russell s Shoe Biz, Inc. Prior to joining Russell s Shoe Biz, Inc. in 1987, Mr. Lemond was a partner with a public accounting firm. He is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | President and Chief Executive Officer, Shoe Carnival, Inc. | Current |
| Shoe Carnival, Inc. | Board of Directors | Current |
| Shoe Carnival, Inc. | Cfo | Former |
| Shoe Carnival, Inc. | Executive Vice President | Former |
| Shoe Carnival, Inc. | Assistant Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Chairman and Chief Executive Officer, Bindley Capital Partners, LLC | Current |
| Purdue Research Foundation | Board of Directors | Current |
| Kite Realty Group Trust | Board of Directors | Current |
| Shoe Carnival, Inc. | Board of Directors | Current |
| Priority Healthcare Corporation | Founder | Former |
| Priority Healthcare Corporation | Chairman | Former |
| Priority Healthcare Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Chico's FAS, Inc. | Chief Financial Officer | Current |
| Shoe Carnival, Inc. | Executive Vice President, Chief Financial Officer and Treasurer, Chico's Fas, Inc. | Current |
| Dollar Tree Stores, Inc. | Board of Directors | Current |
| Shoe Carnival, Inc. | Board of Directors | Current |
| Chico's FAS, Inc. | Treasurer | Current |
| Dollar Tree Stores, Inc. | Chief Financial Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | CFO, Treasurer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Comfortshoeshop.Com | President | Current |
| Shoe Carnival, Inc. | Cfo | Current |
| Wolverine World Wide, Inc. | Cfo | Former |
| Sg Cowen & Co., LLC | Former |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | CIO, Info Services & Senior Vice President | Current |
Mr. Jackson has been employed as Executive Vice President - Chief Financial Officer and Treasurer since August 2004. From June 2001 to August 2004, Mr. Jackson served as Senior Vice President Chief Financial Officer and Treasurer. From September 1996 to June 2001, Mr. Jackson served as Vice President Chief Financial Officer and Treasurer. From January 1993 to September 1996, Mr. Jackson served as Vice President - Controller and Chief Accounting Officer. Prior to January 1993, Mr. Jackson held various accounting positions with us. Prior to joining us in 1988, Mr. Jackson was associated with a public accounting firm. He is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Executive Vice President, Cfo | Current |
| Shoe Carnival, Inc. | Treasurer | Current |
Mr. Baker has been employed as Executive Vice President - Store Operations since June 2001. From March 1994 to June 2001, Mr. Baker served as Senior Vice President - Store Operations. From May 1992 to March 1994, Mr. Baker served as Vice President - Store Operations. Prior to that time, he served as one of our regional managers. From 1983 to June 1989, Mr. Baker held various retail management positions with Payless ShoeSource.
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Executive Vice President, Store Operations | Current |
| Collective Brands Inc. | Retail Management Positions | Former |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Senior Vice President, Planning, Allocation and Secretary | Current |
| Shoe Carnival, Inc. | Secretary | Current |
| Shoe Carnival, Inc. | Secretary & Vice President, Planning & Analysis | Former |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Senior Vice President | Current |
| Shoe Carnival, Inc. | Divisional Merchandise Manager, Non-Athletics | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Senior Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Senior Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Loss Prevention | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Admin & Business Dev | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President | Current |
| Shoe Carnival, Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Store Planning & Real Estate | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President & Divisional Mdse Manager-Women's Non-Athletics & Accessories | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Real Estate | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President | Current |
| Shoe Carnival, Inc. | Divisional Merchandise Manager, Athletics and Children's | Former |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Distr | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Assistant Vice President, Buyer Men's Athletics | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Vice President, Distr | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Director, Store Planning, Construction & Design | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Director, Visual Mdsg & Promos | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Director, Real Estate | Current |
Mr. Sifford has been employed as Executive Vice President - General Merchandise Manager since June 2001. From April 13, 1997 to June 2001, Mr. Sifford served as Senior Vice President - General Merchandise Manager. Prior to joining us, Mr. Sifford served as merchandise manager-shoes for Belk Store Services, Inc. Our executive officers serve at the discretion of the Board of Directors. There is no family relationship between any of the Directors or executive officers.
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Executive Vice President, General Merchandise Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Senior Vice President & Division Manager, North | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Merchant Banker | Current |
| Shoe Carnival, Inc. | Director | Current |
On January 15, 1993, we entered into a noncompetition agreement with J. Wayne Weaver. As long as Mr. Weaver is our executive officer or director he may not engage directly or indirectly through any other company or entity in the retail shoe business without the prior approval of our Audit Committee. The Audit Committee has approved Mr. Weaver's association with LC Footwear, LLC and PL Footwear, Inc. Effective February 1, 1993, Mr. Weaver became our employee at an annual salary of $300,000. Although Mr. Weaver will continue to be involved in other business activities and will not devote full time to the Company, he will devote such time to the Company as he deems necessary or appropriate to perform his duties as Chairman of the Board.
| Organization | Position | Status |
|---|---|---|
| Shoe Carnival, Inc. | Chairman of the Board | Current |
Executive News
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Chico's FAS, Inc. to Present at Goldman Sachs Conference
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Shoe Carnival Post Slight Drop in Q1 Profit
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Shoe Carnival beats 1Q forecast
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Shoe Carnival Reports First Quarter 2009 Results
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